3 Jan 2014
AUD/USD targeting 0.90 handle
FXstreet.com (Guatemala) - AUD/USD has broken up through the resistance of the sideways channel and has printed a high of 0.8995.
AUD/USD is moving with continued momentum, targeting the resistance and psychological handle of 0.90 with RSI (14) below 70.
AUD/USD Levels
The 20 DMA is 0.8955, the 50 DMA is 0.9184 and the 200 DMA is 0.9455. RSI (14) reads 62. Supports are currently 0.8737, 0.8770, 0.8820, 0.8834. Spot is currently 0.8980 with resistances at 0.8989 and 0.9000.
AUD/USD is moving with continued momentum, targeting the resistance and psychological handle of 0.90 with RSI (14) below 70.
AUD/USD Levels
The 20 DMA is 0.8955, the 50 DMA is 0.9184 and the 200 DMA is 0.9455. RSI (14) reads 62. Supports are currently 0.8737, 0.8770, 0.8820, 0.8834. Spot is currently 0.8980 with resistances at 0.8989 and 0.9000.